hakym619:


100k

Your annual Personal Income Tax (PAYE) is N59,100
While monthly PAYE is N4,925

Assumptions:
There is what we called:
A. Tax relief which N200k + 20% of your Annual gross pay.
B. Tax exemptions include the following;
1. National housing fund (NHF) 2.5% of your annual gross pay = N30,000
2. Contributory pension which is 8% of your annual gross pay = N96,000
3. Life assurance premium: you didn't disclose any.
4. National health insurance scheme (NHIS) premium: you didn't disclose whether you paid for NHIS or not.

These tax reliefs and exemptions shall be deducted from your gross pay before applying tax rates

However, your employer or tax authority may not grant you these exemptions when they computed your tax thus making amount you paid as tax or PAYE higher.

Feel free to consult me further on any accounting, tax and audit

galantjoe:


Your annual Personal Income Tax (PAYE) is N59,100
While monthly PAYE is N4,925

Assumptions:
There is what we called:
A. Tax relief which N200k + 20% of your Annual gross pay.
B. Tax exemptions include the following;
1. National housing fund (NHF) 2.5% of your annual gross pay = N30,000
2. Contributory pension which is 8% of your annual gross pay = N96,000
3. Life assurance premium: you didn't disclose any.
4. National health insurance scheme (NHIS) premium: you didn't disclose whether you paid for NHIS or not.

These tax reliefs and exemptions shall be deducted from your gross pay before applying tax rates

However, your employer or tax authority may not grant you these exemptions when they computed your tax thus making amount you paid as tax or PAYE higher.

Feel free to consult me further on any accounting, tax and audit

🙏 Thanks sir!

SporaD8:
I'm disappointed in Buhari - If inspite of his many contributions and sentimental attachment to Niger, He can't leads the delegations, what did he gained?

Asin ehn, what happens to our Maradi rail line now..